When Skynet Runs Beauty Contests: Watch Out!
When reading the headlines of today’s financial press, which has more and more turned into infotainment, it is easy to forget why we as a society actually invest in the first place. Of course, it is to make money, but that is just the motivator for the mechanism of something that is much more important....Read More
15 Weekly Stats for Financial Advisors: Week of January 1, 2019
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature this weekly update with permission:...Read More
Why Bitcoin Drop Was Good and Why Cryptocurrency Just Might Become a Fiduciary Asset
15 months ago we wrote a blog entry asking if Bitcoin will ever be an asset that fiduciaries can recommend i.e. if it can grow out of a speculative mania phase. Paradoxically, we believe that we are closer to such a scenario after the tremendous declines experienced in 2018. Now, the Bitcoin community can all...Read More
Great Deleveraging and Market Panic: Are We There Yet?
Clearly, stock market feels different now than it did at any point over the last few years. In this note we will look at two important indicators to understand if we are facing a market rout or merely a correction. The two crucial indicators we will consider are junk spreads and Fed Funds Rate. As...Read More
Case Study: How to be the First to Analyze Your Prospects Latest 5500 Filing
The Ask Our client, a small RIA, was looking to win more 401K business. She has been targeting a good prospect for months using a drip campaign, and wanted to get a jump on the competition by being the first to analyze her prospects latest 5500 filing. What she hoped would be a compelling follow...Read More
A Lot to Look Forward to in 2019: A Word from Daniel Satchkov, Larkspur-RiXtrema President
Dear friends, We have had an amazing 2018! RiXtrema acquired Larkspur Data Resources, a legendary company who started building plan advisor software decades ago. We launched Larkspur Executive with points of contact in the C-suite of plans our clients are trying to win over. We’ve added unique real-time update giving our advisors a jumpstart on...Read More
Why aren’t Millennials Turning to Financial Advisors?
From a recent article from Business Wire, we learned about a YCharts survey on millennial saving patterns. More than half of all millennials are saving 12% or more of their pre-tax income. On top of that most of them are not using a financial advisor and have no plans to. 53% of those that participated...Read More
Top 10 Articles from the Larkspur-Rixtrema Blog in 2018
Here is our top 10 countdown of the most popular articles from the Larkspur-Rixtrema Blog for 2018: 10. How to facilitate a conversation about risk & obtain better portfolio outcomes for your clients. Prior to becoming the CEO of RiXtrema, I was an asset manager, and soon after RiXtrema was founded, I became a client of...Read More
Larkspur-RiXtrema Year in Review 2018: News, New Tools for Advisors and More…
Image Source: https://kinsta.com/blog/2018-year-in-review/ The biggest news of 2018 is fully completed merger of RiXtrema and Larkspur Data Resources into one company, Larkspur-RiXtrema. Both companies were well known in the advisory industry for providing great analytics and reporting to advisors working in the retirement planning business, portfolio and risk management, and IRA management. With combined strength and...Read More
7 Exclusive Case Studies on 401K Retirement Plans for Financial Advisors
Here at Larkspur-RiXtrema, we firmly believe that our software tools are extremely powerful and can help out advisors in so many ways. Here are a few case studies we’ve done this year to demonstrate some of the cutting edge abilities of our software in action. 1. A huge potential to save Lets examine one of...Read More